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<h1>Allocation of government debt limits: bidding and first-come-first-served processes set caps, minimum bids and utilisation windows.</h1> Unutilised government debt limits are allocated to FIIs via two mechanisms: a competitive bidding process on the Bombay Stock Exchange-subject to a per-entity cap of Rs. 300 crore and minimum bid and tick sizes of Rs. 50 crore-and a first-come-first-served tranche allocated among FIIs/sub-accounts subject to a per-entity ceiling, with requests to be sent to SEBI's dedicated email and an 11-working-day utilisation period for allocated limits.